TAH tabcorp holdings limited

News: TAH Australia's Tabcorp sees lower FY profit, up to $786 mln impairment

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    Aug 3 (Reuters) - Australia's Tabcorp Holdings Ltd (TAH) on Monday forecast a lower annual profit and said it will book an impairment charge of A$1 billion to A$1.10 billion ($714 million to $786 million)related to its Wagering & Media and Gaming Services businesses.

    The gambling and entertainment firm said it expects net profit after tax of A$267 million to A$273 million for the year ended 30 June, down from A$396 million a year earlier.

    ($1 = 1.4000 Australian dollars)

 
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